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cash

A collection of 2 posts
millionaires

Millionaires held cash worth 24% of their portfolios in Spring 2023 up by 10% during the same period in 2022

Per CNBC Millionaires have started to hold more cash in Spring 2023 up from its 2022 numbers. In Spring 2022, millionaires only held 14% of their portfolios in cash compared to its Spring 2023 numbers at 24%. In fall 2022, the percentage of cash that millionaires held in their portfolios
14 Jul 2023 1 min read
cash

Cash trumps stock-bond portfolios for the first time since 2001

For the first time since 2001, cash has outperformed having a stock-bond portfolio. This meant that individuals could get more out of cash instead of the regular stock-bond portfolio. Specifically, the stock-bond portfolio referred to the classic 60/40 of having short-term bonds in the portfolio. Since 2008, the returns
03 Mar 2023 1 min read
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